Tag Archive for ‘nonconventional loans’

Conventional Loan Share Reaches Decade High

NAHB analysis of the most recent Quarterly Sales by Price and Financing published by the U.S. Census Bureau reveals that conventional loans accounted for 73.8% of new home sales in the first quarter of 2018, the highest share in a decade.  Conventional loans financed over three-quarters of new home sales in the second quarter of 2008 before steadily falling and bottoming out… Read More ›

How New Home Buyers Financed Their Homes in 2015

NAHB analysis of the Census Bureau Survey of Construction (SOC) data shows that non-conventional forms of financing new single-family home purchases remained elevated in 2015, accounting for more than a third of the market. Looking at new single-family homes started in 2015, the South Atlantic division was most dependent on non-conventional financing, with its share exceeding 40% of the market…. Read More ›

How New Homebuyers Finance Their Homes Across the Nation

NAHB analysis of the Census Bureau Survey of Construction (SOC) data shows that non-conventional forms of financing new single-family home purchases remained elevated in 2014, but their use and mix varied widely across the country. In the West North Central division, only 21 percent of new homes started in 2014 were purchased using non-conventional financing methods. The share was twice… Read More ›